1139 S Kingsley Dr Active

Los Angeles,CA 90006

$ 2450000

5 Beds

4 Baths

2092 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,092 sqft

Price per Sqft $1,171

MLS Listing ID 24-383521

Bedrooms 5

Year Built 1924

Lot Size 5,902 Sqft

Acres 0.1355

Property Description

DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE- Listing price is for both parcels $2,500,000. 1139 S. Kingsley Dr. APN# 5080-026-008 & 1145 S. Kingsley Dr. APN# 5080-026-009 - Approximately 11,800sq.ft. both parcels combined. R-3 ZONING TOC-TIER 2. Excellent location in a Developmental Project area. Can be developed into a Multi-Unit building. Located within the Koreatown redevelopment project area. Koreatown Galleria supermarket & retail stores in very close distance. Dense demographic neighborhood. Close proximity to Olympic Blvd & Western. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined). LAND SIZE: 5,900 sq. ft. + 5,902 sq. ft. = 11,802 sq. ft. (combined) ZONING: R3-1 TRANSIT ORIENT COMMUNITIES Tier 2. Most renters are currently on a monthly basis. 1139 S Kingsley Triplex: 3 Beds+2 Bath 2,092 sq. ft. / 1141 S Kinsley 1bed+ 1bath. / 1141 S Kingsley 1 Bed +1 Bath. 1145 S Kingsley Duplex: 2 Beds/ 1 Bath 1,665 sq. ft. / 1145 1/2 S Kingsley 1 Bed +1 Bath(scheduled to be vacant). Broker and Broker agents do not guarantee the accuracy of bed/bath count and square footage. Buyer is advised to independently verify the accuracy of all information, through their own research, personal inspection, building permits or with appropriate professionals. ALL OFFERS MUST BE SUBMITTED ON CAR FORM RIPA.Buyer to cooperate in a 1031 exchange at no cost at liability to buyer.Do not disturb occupants. No showings without accepted offer. Please do not call the seller as the property is listed!!! There is a possibility that two to three units will be vacant in delivery.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Wall/Window, Window Unit(s)

Flooring Mixed

Equipment None

Laundry Laundry Area

Exterior

Garage None

Garage Spaces 4.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

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